EMyth and Synotac partnered to survey Small and mid-size Businesses.
Performance was measured, identifying two key groups of #BusinessOwners – Planners and Pessimists.
Pessimists passively run their companies.
Planners actively engage in every stage of growth, promoting an optimistic vision for the future that generates greater returns…
Which one are you?
Click here to go through the findings…
May it be fabulous! Long live the Spirit of Reveling and Resting….
To enjoy the full extent of this Infographic, please click here…
Daughter and I are off on our next adventure now, so… if you would like to follow what we get up to, feel free to tune in to www.ozsee.com.au, our Mother and Daughter adventure blog!
“When we realize that our mind is a creative platform—a vast network of networks—we experience a revolutionary and profound transformation. New possibilities emerge. The process of realization and transformation is the essence of life. It means that everything in this world has an inherent purpose—and that is to find its optimal form. This is why we are constantly trying to improve ourselves, why we venture out into the unknown, why we have children, and why we want to be the best in the world at what we do.
The more creative we become, the more resourceful we will be. We can transform ourselves and everyone around us. These connections, and this archetype of innovation, uncovers the building blocks of life itself, revealing our origins. Innovation is intrinsic to essence, and essence is intrinsic to the act of creation.”
By Nikos Acuña for ChangeThis.com
Denise Hall talking The Business You’re Selling, What Am I Buying Exactly? businesssuccessradio by Denise Hall on Mixcloud
Starting a business is a BIG deal. Building it to become more than your hobby is even bigger again. In fact, building your business into an asset may result in it being possibly the largest asset you’ll ever own, or second maybe to your home.
If trying to sell it is what you eventually want to do, then get strategic about WHAT it is you’ve got to sell, how it is someone else could do it and therefore who that special someone might be that will love it as much as you once did.
What is the “story” of your Business?
The evolutionary history, as well as its current story, is all-important.
What does your Business sell?
List everything; not just the features, but the benefits to your consumers as well.
What financial records does your Business have? (eg: Tax Returns and BAS)
Profit – that’s what a buyer wants to know about.
What are you selling exactly?
Denise Hall talking Why Start with the End in Mind on businesssuccessradio.com.au by Denise Hall on Mixcloud
The most important place to commence to “start with the end in mind” is “Why”…
Why did you go down the path of setting up your business?
For what purpose does it serve?
Why do you now want to move on?
Why should a buyer be interested in taking this off your hands?
With any “why”, there has to be two parts…
a) why the world is a better place as a result of doing business with you (the external driver of the business)
b) why you set up your business the way you did (the internal driver)
If your solo reason for setting up your business was so that you had more flexibility over your working hours for example, then that would not be nearly as attractive as say, solving world hunger at the same time (assuming that was the market the buyer is in).
Emphasis on the personal only ie “b)” is interesting in terms of your history but it only forms part of the story. It’s imperative that there is a larger story at play at the same time, so that the attraction to the business from the external continues whether you are part of the mix or not.